-The Economic Times Food inflation in India, as measured by food articles price index, has averaged 11.3% for the period FY 2008-09 to December 2012, with a maximum of 15.6% in 2010-11 and minimum of 7.3% in 2011-12. In December 2012, wheat prices stood 23% higher than in December 2011, and rice prices 17% higher in the same period. Although this spurt in wheat and rice prices in the face of...

-The Economic Times Rural Development minister Jairam Ramesh has written to Prime Minister Manmohan Singh explaining the positive impact of the rural employment guarantee programme on agricultural production. The note is in response to persistent claims by Finance Minister P Chidambaram and Agriculture minister Sharad Pawar that the rural employment scheme has adversely affected agriculture. Stressing on the positive impact of the UPA's employment programme, Ramesh has suggested that the Prime...

-Live Mint The project is part of the country’s ambitious cash-transfer plan for selected welfare programmes Bangalore: Karnataka will start transferring cash directly to the bank accounts of the beneficiaries of India’s rural job guarantee scheme on a pilot basis in seven districts later this year, the state government said. This is part of the country’s ambitious cash-transfer plan for selected welfare programmes that the central government wants to eventually adopt across the...

-The Telegraph Even reformed capitalism cannot give equal opportunity There is a view that the real problem with capitalism is that there is no equality of opportunity under this system. Your entire life gets determined by which class you happen to get born into. If the effect of this ‘happenstance’ could somehow be eliminated, so that everyone enjoyed equality of opportunity, then even though income and wealth inequalities continued to remain...

-Down to Earth Only 25 days of work provided per family as against the guaranteed 100 days of work; wages paid late in 55 per cent cases District administrations in rural West Bengal are resorting to innovative ways in their hurry to spend funds allocated under the Mahatma Gandhi National Rural Employment Guarantee scheme (MNREGS). In the Maoist-affected West Midnapore district, petty contractors are doing the earth work earmarked for MNREGS with...